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Manmohan Singh: The Man Who Shaped India, And The Family That Carried His Legacy
Ana de Armas' new boyfriend linked to Cuban dictatorship sparks outrage among her fansNew Delhi, Nov 22 (PTI) Markets regulator Sebi on Friday proposed diversifying and widening the ownership of the clearing corporations, which are at present wholly-owned subsidiaries of stock exchanges. Sebi rules prohibit clearing corporations (CCs) from listing publicly but allow stock exchanges (their parent entities) to list, indirectly exposing CCs to market pressures. Also Read | Latest Government Jobs Notifications: SBI Begins Recruitment Drive For 169 SCO Posts; Know Eligibility Criteria, Salary and How To Apply. "While looking to broad base and diversify the ownership of CCs, it is important to ensure that such a transition is fair to all stakeholders (including to the current shareholders of the parent exchange) and causes minimal disruption to the capital markets ecosystem," Sebi said in its consultation paper. Considering this, one approach could be a pro-rata distribution of 49 per cent of shareholding of a CC to the existing shareholders of the parent exchange and the balance 51 per cent of shareholding would remain with the parent exchange to start with. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for November 22, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The parent exchange could then be given 5 years to bring down this holding to 15 per cent or lower, by selling down their stake to other exchanges. This approach would mean that CCs would remain majority-owned by exchanges in line with the SECC norms. "Alternatively, the entire shareholding of a CC could be allotted to the existing shareholders of exchanges, who would then be free to trade their shares in the CC. This would allow for a clean break of the CC from its parent exchange, in a manner that is fair to the existing shareholders of the parent exchange," Sebi has proposed. Further, it has been suggested that CCs will continue to be prohibited from listing. Jyoti Prakash Gadia - Managing Director at Resurgent India, a Sebi-registered merchant bank, said the discussion paper correctly highlights the fact that with the widening and steep growth of the capital markets, the role of clearing corporations should be to function independently without any conflict of interest or bias in favour of the parent stock exchange. Two divergent propositions have been proposed to spread and widen the shareholding of the CCs. Additionally, the regulator has suggested CCs should operate as profit-making public utilities, reinvesting in technology, infrastructure, and risk management. Besides, fee structures should remain reasonable without increasing costs for investors. The regulator has suggested encouraging multi-asset CCs while maintaining multiple CCs to reduce reliance on a single entity and enhance systemic resilience. The Securities and Exchange Board of India (Sebi) has sought public comments on these proposals by December 13. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
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Shares of Tyson Foods Inc. Cl A .css-8459s-OverridedLink.css-8459s-OverridedLink:any-link{-webkit-text-decoration:none;text-decoration:none;color:var(--color-interactiveLink010, interactiveLink010);border-bottom:1px solid;border-bottom-color:var(--color-interactiveLink010, interactiveLink010);}.css-8459s-OverridedLink.css-8459s-OverridedLink:any-link.css-8459s-OverridedLink.css-8459s-OverridedLink:any-link svg{fill:var(--color-interactiveLink010, interactiveLink010);}.css-8459s-OverridedLink.css-8459s-OverridedLink:any-link:hover{-webkit-text-decoration:none;text-decoration:none;color:var(--color-interactiveLink020, interactiveLink020);border-bottom:1px solid;border-bottom-color:var(--color-interactiveLink020, interactiveLink020);}.css-8459s-OverridedLink.css-8459s-OverridedLink:any-link:hover.css-8459s-OverridedLink.css-8459s-OverridedLink:any-link:hover svg{fill:var(--color-interactiveLink020, interactiveLink020);} .css-1y1y9ag-OverridedLink{display:inline;color:var(--color-interactiveLink010);-webkit-text-decoration:underline;text-decoration:underline;}@media screen and (prefers-reduced-motion: no-preference){.css-1y1y9ag-OverridedLink{transition-property:color,fill;transition-duration:200ms,200ms;transition-timing-function:cubic-bezier(0, 0, .5, 1),cubic-bezier(0, 0, .5, 1);}}@media screen and (prefers-reduced-motion: reduce){.css-1y1y9ag-OverridedLink{transition-property:color,fill;transition-duration:0ms;transition-timing-function:cubic-bezier(0, 0, .5, 1),cubic-bezier(0, 0, .5, 1);}}.css-1y1y9ag-OverridedLink svg{fill:var(--color-interactiveLink010);}.css-1y1y9ag-OverridedLink:hover:not(:disabled){color:var(--color-interactiveLink020);-webkit-text-decoration:underline;text-decoration:underline;}.css-1y1y9ag-OverridedLink:hover:not(:disabled) svg{fill:var(--color-interactiveLink020);}.css-1y1y9ag-OverridedLink:active:not(:disabled){color:var(--color-interactiveLink030);-webkit-text-decoration:underline;text-decoration:underline;}.css-1y1y9ag-OverridedLink:active:not(:disabled) svg{fill:var(--color-interactiveLink030);}.css-1y1y9ag-OverridedLink:visited:not(:disabled){color:var(--color-interactiveVisited010);-webkit-text-decoration:underline;text-decoration:underline;}.css-1y1y9ag-OverridedLink:visited:not(:disabled) svg{fill:var(--color-interactiveVisited010);}.css-1y1y9ag-OverridedLink:visited:hover:not(:disabled){color:var(--color-interactiveVisited010);-webkit-text-decoration:underline;text-decoration:underline;}.css-1y1y9ag-OverridedLink:visited:hover:not(:disabled) svg{fill:var(--color-interactiveVisited010);}.css-1y1y9ag-OverridedLink:focus-visible:not(:disabled){outline-color:var(--outlineColorDefault);outline-style:var(--outlineStyleDefault);outline-width:var(--outlineWidthDefault);outline-offset:var(--outlineOffsetDefault);}@media not all and (min-resolution: 0.001dpcm){@supports (-webkit-appearance: none) and (stroke-color: transparent){.css-1y1y9ag-OverridedLink:focus-visible:not(:disabled){outline-style:var(--safariOutlineStyleDefault);}}}.css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link{-webkit-text-decoration:none;text-decoration:none;color:var(--color-interactiveLink010, interactiveLink010);border-bottom:1px solid;border-bottom-color:var(--color-interactiveLink010, interactiveLink010);}.css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link.css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link svg{fill:var(--color-interactiveLink010, interactiveLink010);}.css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link:hover{-webkit-text-decoration:none;text-decoration:none;color:var(--color-interactiveLink020, interactiveLink020);border-bottom:1px solid;border-bottom-color:var(--color-interactiveLink020, interactiveLink020);}.css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link:hover.css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link:hover svg{fill:var(--color-interactiveLink020, interactiveLink020);} TSN shed 1.66% to $62.64 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.25% to 6,090.27 and the Dow Jones Industrial Average DJIA falling 0.28% to 44,642.52. Tyson Foods Inc. Cl A closed $4.24 below its 52-week high ($66.88), which the company reached on September 9th.Congress to focus on organisation in 2025, says Mallikarjuna Kharge
Unique among ‘Person of the Year’ designees, Donald Trump gets a fact-check from Time magazine
Wake Forest keeps trying new things early in the season, even if not all of the adjustments are by design. The Demon Deacons will try to stick to the script when Detroit Mercy visits for Saturday's game in Winston-Salem, N.C. The Demon Deacons (5-1) will be at home for the final time prior to three consecutive road games. Detroit Mercy (3-2) already has two more victories than all of last season. After a couple of narrow wins and a loss at Xavier, Wake Forest had a smoother time earlier this week in defeating visiting Western Carolina 82-69 on Tuesday night. Yet these are games when teams have to figure where contributions are going to come from in certain situations. The experimenting took a turn for Wake Forest in the Western Carolina game. Center Efton Reid III had limited minutes because of migraines, so there was a shift in responsibilities. Normal backcourt players Cameron Hildreth and Juke Harris logged time at the power forward slot. "That's just part of it," coach Steve Forbes said. "They did a good job adjusting. We ran a lot of stuff and there are several guys learning different positions. ... I give credit to those guys for doing the best job that they could do on the fly and adjusting to the play calls that we ran and the stuff that we changed." Wake Forest could excel if both Parker Friedrichsen and Davin Cosby can be consistent 3-point threats. Friedrichsen slumped with shooting in the first few games of the season and was replaced in the starting lineup by Cosby. In Tuesday's game, Friedrichsen drained four 3-pointers, while Cosby hit two. "It was really good to see Parker and Davin both make shots together," Forbes said. Not everything was solved for the Demon Deacons. Western Carolina collected 12 offensive rebounds, and that took some of the shine off Wake Forest's defensive efforts. "We can't be a good defensive team, or a really good defensive team, unless we rebound the ball," Forbes said. "It's demoralizing to your defense to get stops and then not get the ball." In Detroit Mercy's 70-59 win at Ball State on Wednesday, Orlando Lovejoy tallied 19 points, seven rebounds and five assists. "We got the ball to the shooters and playmakers," first-year Titans coach Mark Montgomery said. "You could tell by the guys' body language that we were going to get a road win. It had been a long time coming." On Saturday, the Titans will look for their second road victory since February 2023. The outcome at Ball State seemed significant to Montgomery. "We had to get over the hump," he said. "Our guys grinded it out." --Field Level Media
KINGSTON, Jamaica — Jamaica College’s trophy quest has been dealt a blow after goalkeeper Tawayne Lynch was banned for three games by the ISSA Disciplinary Committee after Friday’s 2-0 win over McGrath High in the first round of the ISSA Champions Cup at the Montego Bay Sports Complex. Lynch, who was adjudged to have handled the ball outside of his penalty area, was also found guilty to have used “foul, abusive and insulting language towards match officials and members of the ISSA game management team”. Adriano Kitson, who replaced Lynch on Friday, is expected to start in goal for Jamaica College when they face Hydel High in the semi-finals of the Champions Cup, as well as the semi-final of the Manning Cup. According to a letter to the principal of Jamaica College from ISSA, “Tawayne Lynch was summoned to answer to the charge of using foul, abusive, and insulting language to match officials as well as official members of the ISSA game management team during the game against McGrath High on Friday, November 22, 2024.” “Tawayne Lynch was found guilty of using foul, abusive and insulting language towards match officials and members of the ISSA game management team,” the letter said. The letter pointed out, “The decision of the disciplinary committee is as follows: In addition to serving the mandatory one-match ban for the red card issued during the game for handling the ball outside of the penalty box, Tawayne Lynch was given an additional two-match suspension by ISSA’s disciplinary committee for the use of foul, abusive and insulting language to match officials as well as official members of the ISSA game management team”. According to the letter from ISSA, Jamaica College has the right to appeal the decision. — Paul A ReidSteve King says Summit threatened him for anti-pipeline speechUnique among ‘Person of the Year’ designees, Donald Trump gets a fact-check from Time magazine
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Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was down less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 6 points, or less than 0.1%, as of 1:52 p.m. Eastern time. The Nasdaq composite was down less than 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.9%, Micron Technology was up 1% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.7%, Amazon was down 0.6%, and Netflix gave up 1.1%. Tesla was among the biggest decliners in the S&P 500, down 1.9%. Health care stocks helped lift the market. CVS Health rose 1.7% and Walgreens Boots Alliance rose 3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 2.8%, Best Buy was up 2.2% and Dollar Tree gained 2.7%. Retailers are hoping for a solid sales this holiday season, and the day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4% and 16%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.57% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. AP Business Writers Elaine Kurtenbach and Matt Ott contributed.
By Ja'han Jones Barack Obama delivered a speech about the importance of pluralism at his foundation’s Democracy Forum in Chicago on Thursday. There’s a decent chance you missed it — and he knows why that’s likely the case. The former president said he received “groans and eye rolls” from friends when he told them he’d be speaking about democracy and pluralism, adding: And it’s understandable, after all; here in the United States we have just been through a fierce, hard-fought election, and it’s fair to say it did not turn out as they hoped. And for them, talk of bridging our differences when the country and the world seem so bitterly divided felt like an academic exercise. The crux of Obama’s speech was that democracy in a diverse nation is difficult and requires compromise — but is ultimately worth the effort. In that sense, it was a quintessential Obama speech, and like others he’s given on similar themes, this one was heavy on the “can’t we all just get along” ethos that has made the former president both an incomparably successful politician and, for some, a deeply frustrating ally in activism. And he admitted that belief in this principle is hard to sell at a time when it seems many voters don’t care about democracy at all. His tone here was a bit more realistic than the optimistic Obama many tend to think of . Obama was still hopeful , for example, when speaking about organizers who’ve devised innovative ways to unite people around important issues. But he also talked about how, historically, it’s been easier for white people to embrace democratic values when they don’t have to worry about how those values will also benefit nonwhite people — and I’d argue that is a key conflict in our increasingly diverse nation now. And Obama was pretty straightforward about the obstacles to liberalism’s survival in the U.S., including a social media–obsessed society that encourages ideological silos and blatant efforts to undermine democracy. For example, he said: What happens when the other side has repeatedly and abundantly made clear they’re not interested in playing by the rules? It’s a problem. And when that happens, we fight for what we believe in. There are going to be times, potentially, when one side tries to stack the deck and lock in a permanent grip on power, either by actively suppressing votes, or politicizing the armed forces, or using the judiciary or criminal justice system to go after their opponents. And in those circumstances, pluralism does not call for us to just stand back and say, ‘Well, I’m not sure that’s OK.’ In those circumstances, a line has been crossed, and we have to stand firm and speak out and organize and mobilize as forcefully as we can. At one point, Obama said the political reforms he’d like to see — like nonpartisan redistricting, which he said would weaken polarization — are probably not going to happen “anytime soon,” given the current political environment. But he warned about the need to build coalitions to prevent the rise of politicians who exploit divisions and direct violence against their political enemies and suppress free speech. I can see how a liberal might hear these things and feel despondent, like their hero has lost all hope. But I heard a Barack Obama who seems to be smoldering with a bit of political rage. The old Obama motivated people with optimism for what the country could be if they come together. This current version seems ready to motivate them with a warning about what can happen if they don’t. Ja'han Jones is The ReidOut Blog writer. He's a futurist and multimedia producer focused on culture and politics. His previous projects include "Black Hair Defined" and the "Black Obituary Project."Feddersen's 17 help North Dakota State defeat West Georgia 73-61
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